Free Trial

Offshore Selling Of Local Stocks & Bonds Stabilizes

JAPAN DATA

Aggregate weekly investment flows were more modest in the final week of September. Foreign investors turned modest net buyers of local stocks, +¥71bn yen. This only modestly trimmed the monthly outflow though, which was -¥5384.7bn. Offshore purchases of local bonds also turned positive but were a very modest ¥25.8bn, a slight offset on the prior week outflow.

  • In terms of Japan domestic outflows, purchases of offshore stocks picked up to ¥721bn. This was the strongest weekly outflow since late August/early September.
  • Outbound flows to offshore bond markets were also positive, but at a more modest ¥297.1bn.

Table 1: Japan Weekly Investment Flows

Billion YenWeek ending September 29Prior Week
Foreign Buying Japan Stocks 71.0-3025.5
Foreign Buying Japan Bonds 25.8-2020.6
Japan Buying Foreign Bonds297.1-541.6
Japan Buying Foreign Stocks721.0-23.1

Source: MNI - Market News/Bloomberg

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.